Structural Deficit
"Preserves and operates the historic 1885 Tarrytown Music Hall, serving as a vibrant performing arts center that presents diverse programming and promotes arts education for the tri-state community."
— Statement of Program Service Accomplishments
What does this mean?
Persistently low financial health over 5 years despite strong programmatic output. They are borrowing from their future (or bleeding an endowment) to pay for today's programs.
The Path Forward
The Truth-Teller
Forces necessary, painful cuts to preserve the core. It demands that the organization stop borrowing from its future and align its current programmatic output with actual sustainable revenue.
Title
Representative Institutions
Institutional Epochs
Historical Performance
| Year | Revenue | Top Comp | Comp % Rev | Score | Phase Label | Outlook | Details |
|---|---|---|---|---|---|---|---|
| 2024 | Hidden | Hidden | — | — | Unknown | — | |
| 2023 | Hidden | Hidden | 11.7% | 31 | Critical Intervention Needed | Decline Risk | |
| 2022 | — | — | 2.3% | 39 | Financially Distressed | Recovery | |
| 2021 | — | — | 14.9% | 41 | Financially Distressed | Recovery | |
| 2020 | — | — | 3.2% | 35 | Financially Distressed | Stable Watch | |
| 2019 | — | — | 2.9% | 35 | Financially Distressed | Stable Watch | |
| 2018 | — | — | 2.4% | 35 | Financially Distressed | Stable Watch | |
| 2017 | — | — | 2.1% | 35 | Financially Distressed | Stable Watch | |
| 2016 | — | — | 2.3% | 35 | Financially Distressed | Stable Watch | |
| 2015 | — | — | 1.8% | 35 | Financially Distressed | Decline Risk | |
| 2014 | — | — | 2.5% | 35 | Financially Distressed | Decline Risk | |
| 2013 | — | — | 2.5% | 35 | Financially Distressed | Stable Watch | |
| 2012 | — | — | 2.6% | 35 | Financially Distressed | Stable Watch | |
| 2011 | — | — | 2.6% | 35 | Financially Distressed | Stable Watch |
Officer compensation history
Tax year 2025
| Name | Title | Phone | Compensation | |
|---|---|---|---|---|
| Bjorn Olsson | Executive Director | 3.1% of Rev | ||
| Karina E Ringeisen | Theater Manager | 2.1% of Rev | ||
| Amissa Rybak | Mem. Ambassador | 1.7% of Rev | ||
| Kevin Kearins | Dir Of Arts Ed. | 1.6% of Rev | ||
| Gregory Jacquin | House Manager | 1.5% of Rev | ||
| Eva Castleton | Dir Of Sponsorship | 1.5% of Rev | ||
| BERNARD LILLIS | Treasurer | — | ||
| KAREN LAPORTA | Board Member | — | ||
| CAROL JENDRAS | Board Member | — | ||
| HELEN RINGEISEN | Board President | — | ||
| RAY ENDRENY | Secretary | — | ||
| WHITNEY SINGLETON | Board President | — |
Tax year 2023
| Name | Title | Phone | Compensation | |
|---|---|---|---|---|
| Bjorn Olsson | Executive Director | 2.6% of Rev | ||
| Nancy Zallo | Dir Of Membership | 2.0% of Rev | ||
| Meagan M Corkrum | Dir Of Philanthrop | 1.7% of Rev | ||
| Karina E Ringeisen | Theater Manager | 1.7% of Rev | ||
| Oscar Portillo | Box Office Manager | 1.5% of Rev | ||
| Eva Castleton | Dir Of Sponsorship | 1.1% of Rev | ||
| JOE LILLIS | Treasurer | — | ||
| KAREN LAPORTA | Board Member | — | ||
| CAROL JENDRAS | Board Member | — | ||
| HELEN RINGEISEN | Board President | — | ||
| STEVE DYOTT | Secretary | — | ||
| WHITNEY SINGLETON | Board President | — | ||
| JOE LILLIS | Treasurer | — | ||
| MARK FRANZOSO | Board President | — | ||
| CAROL JENDRAS | Board Member | — | ||
| HELEN RINGEISEN | Board President | — | ||
| STEVE DYOTT | Secretary | — | ||
| WHITNEY SINGLETON | Board President | — | ||
| Bjorn Olsson | Executive Director | — | ||
| Meagan M Corkrum | Production Manager | — | ||
| Nancy Zallo | Dir Of Membership | — | ||
| Karina E Ringeisen | Theater Manager | — | ||
| Alison Woods | Dir Of Sponsorship | — | ||
| Erica Everett | Box Office Manager | — |
Tax year 2021
| Name | Title | Phone | Compensation | |
|---|---|---|---|---|
| Bjorn Olsson | Executive Director | 2.6% of Rev | ||
| Meagan M Corkrum | Production Manager | — | ||
| Nancy Zallo | Dir Of Membership | — | ||
| Karina E Ringeisen | Theater Manager | — | ||
| Alison Woods | Dir Of Sponsorship | — | ||
| Erica Everett | Box Office Manager | — | ||
| MARK FRANZOSO | Board President | — | ||
| CAROL JENDRAS | Board Member | — | ||
| HELEN RINGEISEN | Board President | — | ||
| STEVE DYOTT | Secretary | — | ||
| WHITNEY SINGLETON | Board President | — |
Score breakdown
The three components combine into a single 0–100 score weighted as shown. Full methodology →
Peer comparison
Compared to 699 other orgs in NY with NTEE prefix A6.
Most-divergent component: financial score sits 31 points below the peer median (0 vs. 31).
5-year trend: Structural Deficit
Persistently low financial health over 5 years despite strong programmatic output. They are borrowing from their future (or bleeding an endowment) to pay for today's programs.
What's driving this score
- Comp-to-revenue ratio of 11.7% sits within the sector's healthy band (18–22%).
- Financial resilience score in the bottom quartile — reserves and liabilities ratios warrant review.
What would change this score
The two changes that would most improve this score:
- Build cash reserves to at least 3 months of operating expenses — moves financial resilience score meaningfully (~10 points).
Improving governance is a board decision. These are the levers.